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Cash's Heating and Air, LLC

Highland Home, AL · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Cash's Heating and Air, LLC is a plumbing, heating, and air-conditioning contractor located in Highland Home, Alabama. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,000,000, approved by American Momentum Bank with an approval date of August 6, 2026.

SBA 7(a) loan, change of ownership, approved Aug 6, 2026

$1,000,000 approvedLender: American Momentum Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
American Momentum Bank, College Station, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
August 6, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,399 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
10
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Crenshaw County, AL
SBA district office
Alabama District Office
Congressional district
AL-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 33% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
  • Average acquisition loan in Alabama: $1,764,717.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Alabama